Report: Bloomberg Spent $650M On NYC In 12 Years

NEW YORK, NY - DECEMBER 18: New York Mayor Michael Bloomberg speaks to the Economic Club of New York in what is being billed as his last major speech as Mayor of New York City on December 18, 2013 in New York City. Bloomberg, who is down to his final two weeks in office after 12 years of running New York, leaves behind a city that has made great gains in development, crime reduction and tourism but is still nagged by a large number of both homeless and impoverished residents. Mayor-Elect Bill de Blasio has promised to focus more on low income housing and easing the strain for poor and working class New Yorkers when he takes over on January 1, 2014. (Photo by Spencer Platt/Getty Images)

New York Mayor Michael Bloomberg on December 18, 2013 in New York City. (Photo by Spencer Platt/Getty Images)